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VOTE: UNANIMOUS <br />6. Public Hearings-NONE <br />7. Regular Agenda <br />~~~ ~~a Io~ ~ ~! <br />~~ <br />a. Approval of Fiscal Year 2010-11 Budget Ordinance, Grant Proiect Ordinances <br />and Fee Schedule <br />The Board considered approving the Fiscal Year 2010-11 Budget Ordinance, Grant <br />Project Ordinance, and County Fee Schedule. <br />There were two charts at the County Commissioners' places for this item. <br />Financial Services Director Clarence Grier said that this item is to take action on the <br />formal decisions. <br />A motion was made by Commissioner Jacobs, seconded by Commissioner Hemminger <br />to approve the Resolution to Adopt the 2010-11 Orange County Budget. <br />Resolution to Adopt the 2010-11 <br />Orange County Budget <br />The items outlined below summarize decisions fhat the Board acted upon June 8, 2010 in <br />approving the FY2010-11 Resolution of Intent to adopt the Orange County Annual Operating <br />Budget. <br />WHEREAS, the Orange County Board of Commissioners has considered the Orange County <br />2010-11 Manager's Recommended Budget; and <br />WHEREAS, the Commissioners have agreed on certain modifications to the Manager's <br />Recommended Budget as presented in the 2010-11 County Manager's Recommended Budget <br />on May 18, 2010; <br />NOW THEREFORE BE /T RESOLVED, that the Orange County Board of Commissioners <br />expresses its intent to adopt the 2010-11 Orange County Budget Ordinance on Tuesday, June <br />15, 2010, based on the following stipulations: <br />1) Property Tax Rates <br />a) The ad valorem property tax rate shall be set at 85.8 cents per $100 of assessed <br />valuation. <br />b) The Chapel Hill-Carrboro City Schools District Tax shall be set at 18.84 cents per <br />$100 of assessed valuation. <br />c) The Fire District tax rates shall be set at the following rates (all rates are based on <br />cents per $100 of assessed valuation): <br />• Cedar Grove 7.36 <br />• Chapel Hill 7.50 <br />• Damascus 5.00 <br />